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Author Topic: Speculation Bet: Bitcoin will NOT hit $400 (non-gox price) by 12-31-14  (Read 1885 times)
Bitsinmyhead (OP)
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February 02, 2014, 11:55:08 AM
 #1

If it hits $400 or lower on stamp/BTC-e on or before 12-31-14 I will pay you. If not I will be paid 01-01-15.
We will do escrow.
Willing to bet 1-100 BTC on this.

PS: If you are taking me up on this bet you are stupid and making a very big mistake  Grin.

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LOADING.READY.RUN
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February 02, 2014, 12:17:03 PM
Last edit: February 02, 2014, 01:51:30 PM by LOADING.READY.RUN
 #2

I agree that it isn't very likely to happen... but I think a June/July 2013 type crash is still a possibility. If we scale the numbers for that, we might very well see bitstamp prices in the 300s very briefly. However, I don't think this scenario is very likely to happen, so definitely no bet from me Tongue Anyway, I prefer to trade this instead of betting on it...

windjc
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February 03, 2014, 07:42:40 AM
 #3

If it hits $400 or lower on stamp/BTC-e on or before 12-31-14 I will pay you. If not I will be paid 01-01-15.
We will do escrow.
Willing to bet 1-100 BTC on this.

PS: If you are taking me up on this bet you are stupid and making a very big mistake  Grin.

Based on the comments and threads on this forum, you should be getting 50+ takers for this bet. Surprised our resident doomsayers have not shown up to rid you of your easy money. Wink
HairyMaclairy
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February 03, 2014, 10:43:57 AM
 #4

Perhaps bears can do math.   
mestar
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February 03, 2014, 11:07:27 AM
 #5

Perhaps bears can do math.   

Judging from the 4hour chart of Bitstamp, we will not see even $850 again this year... Smiley
Miz4r
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February 03, 2014, 11:11:23 AM
 #6

Perhaps bears can do math.  

Judging from the 4hour chart of Bitstamp, we will not see even $850 again this year... Smiley

Now that's a bet I'd like to take you up on. Grin

Bitcoin = Gold on steroids
koryu
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February 03, 2014, 12:23:30 PM
 #7

give some good odds Tongue
TTBit
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February 03, 2014, 02:05:26 PM
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I get the angle shoot  Grin

good judgment comes from experience, and experience comes from bad judgment
finnish_bitcoiner
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February 10, 2014, 03:44:58 PM
 #9

Did anyone take this bet?
Tzupy
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February 10, 2014, 03:51:18 PM
 #10

If it hits $400 or lower on stamp/BTC-e on or before 12-31-14 I will pay you. If not I will be paid 01-01-15.
We will do escrow.
Willing to bet 1-100 BTC on this.

PS: If you are taking me up on this bet you are stupid and making a very big mistake  Grin.

People, please stop proposing bets. This is bitcoin, it can go both up and down a lot.
But I'm really curious to know if that huge dump to 102$ on BTC-E was a fluke (mistake?) or the dumper(s) knew something.

Sometimes, if it looks too bullish, it's actually bearish
dropt
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February 10, 2014, 03:55:28 PM
 #11

If it hits $400 or lower on stamp/BTC-e on or before 12-31-14 I will pay you. If not I will be paid 01-01-15.
We will do escrow.
Willing to bet 1-100 BTC on this.

PS: If you are taking me up on this bet you are stupid and making a very big mistake  Grin.

People, please stop proposing bets. This is bitcoin, it can go both up and down a lot.
But I'm really curious to know if that huge dump to 102$ on BTC-E was a fluke (mistake?) or the dumper(s) knew something.

My guess?  Impulse (Panic) selling.  You want to clear out your holdings at the top, so you sell all your BTC at price 1$ and cross your fingers that you were one of the first to do so.  

If enough people sell to 1$ instead of limiting the loss at say, $500, this is what you get.

Some people are going to be very sad today.
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